CM
Cornerstone Management Portfolio holdings
AUM
$695M
Turnover
5.88%
1-Year Est. Return
12.92%
This Fund
S&P 500
This Quarter
Est. Return
-3.42%
1 Year Est. Return
+12.92%
3 Year Est. Return
+39.98%
5 Year Est. Return
+39.84%
10 Year Est. Return
+114.36%
AUM
$407M
AUM Growth
+$44.8M
(+12%)
Cap. Flow
+$59.3M
Cap. Flow
% of AUM
14.57%
Top 10 Holdings %
Top 10 Hldgs %
78.25%
Holding
262
New
31
Increased
31
Reduced
19
Closed
10
Avg Time Held
0.9
years
Top 10 Avg Time Held
3.2
years
Top 20 Avg Time Held
3.3
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
JPMorgan Ultra-Short Income ETF
JPST
|
+$18.6M |
| 2 |
State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
|
+$14.1M |
| 3 |
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
|
+$8.19M |
| 4 |
iShares Short Maturity Bond ETF
NEAR
|
+$5.54M |
| 5 |
Vanguard Morningstar Growth ETF
VUG
|
+$3.42M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Dividend Appreciation ETF
VIG
|
+$565K |
| 2 |
ACBI
Atlantic Capital Bancshares, Inc. Common Stock
ACBI
|
+$393K |
| 3 |
IBM
IBM
|
+$312K |
| 4 |
Coca-Cola
KO
|
+$207K |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$122K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 96.27% |
| 2 | Financials | 1.73% |
| 3 | Industrials | 0.53% |
| 4 | Utilities | 0.33% |
| 5 | Consumer Staples | 0.26% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Vanguard Morningstar Value ETF
VTV
$189B
| $78.2M | 19.2% |
528,842
+16,602
| +3% | +$2.42M |
2014 Q4
29 quarters
|
|
|
2
JPMorgan Ultra-Short Income ETF
JPST
$42.4B
| $74.7M | 18.35% |
1,486,265
+369,518
| +33% | +$18.6M |
2018 Q3
14 quarters
|
|
|
3
Vanguard Morningstar Growth ETF
VUG
$232B
| $60.9M | 14.96% |
1,270,854
+72,204
| +6% | +$3.42M |
2014 Q4
29 quarters
|
|
4
iShares Core US Aggregate Bond ETF
AGG
$137B
| $26M | 6.39% |
242,790
+17,002
| +8% | +$1.87M |
2014 Q4
29 quarters
|
|
|
5
State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
$3.06B
| $19.5M | 4.8% |
640,603
+461,836
| +258% | +$14.1M |
2021 Q1
4 quarters
|
|
6
iShares MSCI EAFE ETF
EFA
$76.3B
| $16M | 3.94% |
217,980
+4,884
| +2% | +$365K |
2014 Q4
29 quarters
|
|
|
7
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$11.2B
| $14.5M | 3.55% |
480,112
+268,503
| +127% | +$8.19M |
2018 Q3
14 quarters
|
|
8
Vanguard Morningstar Total Stock Market ETF
VTI
$694B
| $13.5M | 3.32% |
59,418
| – | – |
2019 Q4
9 quarters
|
|
9
iShares Core US REIT ETF
USRT
$4.18B
| $8.08M | 1.99% |
125,011
+2,284
| +2% | +$143K |
2018 Q3
14 quarters
|
|
10
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
$11.3B
| $7.11M | 1.75% |
208,086
+2,870
| +1% | +$100K |
2017 Q2
19 quarters
|
|
11
iShares Core MSCI Emerging Markets ETF
IEMG
$155B
| $7M | 1.72% |
125,996
+1,950
| +2% | +$113K |
2017 Q1
20 quarters
|
|
12
Vanguard Morningstar Small-Cap Growth ETF
VBK
$22.4B
| $6.85M | 1.68% |
27,616
+1,569
| +6% | +$386K |
2018 Q4
13 quarters
|
|
13
Vanguard Morningstar Small-Cap Value ETF
VBR
$35.5B
| $6.83M | 1.68% |
38,813
+475
| +1% | +$82.6K |
2018 Q4
13 quarters
|
|
14
iShares MSCI EAFE Small-Cap ETF
SCZ
$12.7B
| $5.85M | 1.44% |
88,122
+3,799
| +5% | +$258K |
2017 Q4
17 quarters
|
|
15
iShares MBS ETF
MBB
$35.7B
| $5.53M | 1.36% |
54,278
+6,480
| +14% | +$676K |
2021 Q1
4 quarters
|
|
|
16
iShares Short Maturity Bond ETF
NEAR
$5.09B
| $5.51M | 1.35% |
+111,253
| New | +$5.54M |
2022 Q1
0 quarters
|
|
17
Globe Life
GL
$12.9B
| $4.6M | 1.13% |
45,708
| – | – |
2017 Q4
17 quarters
|
|
18
iShares Broad USD High Yield Corporate Bond ETF
USHY
$25.3B
| $4.51M | 1.11% |
116,155
+9,987
| +9% | +$395K |
2019 Q3
10 quarters
|
|
19
iShares Select Dividend ETF
DVY
$22.8B
| $4.19M | 1.03% |
32,700
-715
| -2% | -$89.3K |
2014 Q4
29 quarters
|
|
20
Cohen & Steers Total Return Realty Fund
RFI
$276M
| $3.6M | 0.88% |
232,692
| – | – |
2020 Q2
7 quarters
|
|
|
21
Vanguard Dividend Appreciation ETF
VIG
$112B
| $3.17M | 0.78% |
19,548
-3,500
| -15% | -$565K |
2014 Q4
29 quarters
|
|
22
iShares Ultra Short Duration Bond Active ETF
ICSH
$8.87B
| $2.79M | 0.69% |
55,646
| – | – |
2020 Q1
8 quarters
|
|
23
DELISTED
iShares iBonds Dec 2022 Term Corporate ETF
IBDN
| $2.77M | 0.68% |
+110,569
| New | +$2.77M |
2022 Q1
0 quarters
|
|
24
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$29.2B
| $2.16M | 0.53% |
17,834
+1,928
| +12% | +$241K |
2017 Q4
17 quarters
|
|
25
Avantis US Small Cap Value ETF
AVUV
$30.6B
| $1.88M | 0.46% |
23,491
-597
| -2% | -$47.3K |
2020 Q4
5 quarters
|
|
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Cornerstone Management's Q1 2022 Portfolio in Review
As of Q1 2022, Cornerstone Management held 262 positions worth $407M, up 12% from $362M the previous quarter. Its ten largest holdings account for 78% of the portfolio.
Cornerstone Management deployed $59.3M of net new capital in Q1 2022, opening 31 new positions and adding to 31 existing holdings. Its largest new stake was iShares Short Maturity Bond ETF: 111,253 shares worth $5.51M.
By sector, the portfolio is most concentrated in Miscellaneous at 96% of assets, up from 96% a quarter earlier, followed by Financials and Industrials.
On the sell side, the largest reduction was Vanguard Dividend Appreciation ETF, an estimated $565K trimmed.
- Cornerstone Management's largest Q1 2022 buy was iShares Short Maturity Bond ETF: 111,253 shares worth $5.51M.
- Cornerstone Management added most to JPMorgan Ultra-Short Income ETF in Q1 2022, an estimated $18.6M increase.
- Cornerstone Management's biggest Q1 2022 reduction was Vanguard Dividend Appreciation ETF, cutting an estimated $565K.
- Cornerstone Management fully exited Atlantic Capital Bancshares, Inc. Common Stock in Q1 2022, selling an estimated $393K.
- Cornerstone Management's ten largest holdings make up 78% of its $407M portfolio in Q1 2022.
- Cornerstone Management opened 31 new positions and closed 10 in Q1 2022.
- Cornerstone Management's portfolio value rose 12% quarter-over-quarter to $407M.
Based on Cornerstone Management's 13F filing for Q1 2022, filed 9 May 2023.